PYMNTS

SEPTEMBER 10, 2019

In a statement, Coatue Management Senior Managing Director Thomas Laffont said that artificial intelligence (AI) enables AppZen to deploy more sophisticated analytics and automation within its expense management solution, which allows businesses to assess expenses, automate expense report audits, and identify savings opportunities. “AI

Auditing 43

Auditing Accounts Payable Invoicing Compliance 43

PYMNTS

OCTOBER 24, 2019

HRS CEO Tobias Ragge said in the announcement, “As we’ve piloted with integrated hotel payment solutions around the world in recent years, the program compliance metrics are clear.” He continued, “When our clients use our payment solutions, we’ve seen hotel compliance rise by on average 23 percent.

Compliance 40

Compliance Auditing Invoicing eCommerce 40

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders.

Compliance 58

Compliance Marketing Currencies Auditing 58

PYMNTS

AUGUST 17, 2018

B2B FinTech is undoubtedly a hot spot for venture capitalists (VCs) this year. However, this summer, a different kind of B2B startup has captured investors’ attention. Cloud-based risk and auditing management provider AuditBoard raised $40 million in Series B funding, announced this week, led by Battery Ventures.

Startups 40

Startups B2B Auditing Invoicing 40

PYMNTS

OCTOBER 28, 2019

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are debt.

B2B 40

B2B Accounting Standards Finance Invoicing 40

PYMNTS

MAY 16, 2018

May marks the debut of new compliance efforts – key among them, of course, GDPR (which covers Europe but touches these shores), and as of last week, new customer due diligence mandates. . The report recommends a collaborative approach among information security and compliance team members.

Invoicing 40

Invoicing Compliance Benchmarking Auditing 40

PYMNTS

MARCH 12, 2018

When auditing giant KPMG assessed corporate compliance of government requirements to report supplier payment habits, the company made a concerning discovery : Just 17 enterprises in Scotland were adhering to the rules. B2B FinTech hasn’t ignored the issue. The EU, U.K. The EU, U.K. There’s also the issue of choice.

B2B 43

B2B Invoicing Compliance Finance 43

PYMNTS

JULY 8, 2019

Onyx CenterSource , a global provider of B2B payments and business intelligence solutions to the hospitality industry, announced it has partnered with tax software provider Sovos to expand its Onyx’s InvoicePro eInvoicing capabilities. The company has now chosen Sovos to help it meet the upcoming changes in the compliance sector.

Compliance 46

Compliance Invoicing Auditing B2B 46

PYMNTS

AUGUST 19, 2016

is in a B2B startup lull, it seems. B2B startups. But a seed-stage startup fund in San Francisco announced its own new $50 million investment pool, so funding for B2B FinTech startups in the U.S. million funding round, which will be used to explore new products, including an invoice financing service. eInvoicing.

Startups 40

Startups B2B Invoicing Auditing 40

PYMNTS

AUGUST 9, 2020

The service will “drive the efficiency of purchasing, invoicing and auditing for both members and suppliers of CHAMPS GPO,” the release says. In addition, CHAMPS’ vendor community will be offered faster invoicing processes to make sure they’re streamlined and consistent month to month.

Invoicing 58

Invoicing Compliance Auditing Marketing 58

PYMNTS

MARCH 27, 2019

But lengthy payment terms and missed invoice payments are not the only risk that B2B suppliers face, as recently showcased in the U.K. At the core,” she continued, “there was inadequate governance to oversee and manage Code compliance.”. Further, Co-op has introduced employee training to promote compliance. “We

Compliance 56

Compliance Invoicing Construction Auditing 56

PYMNTS

FEBRUARY 19, 2018

In the B2B realm, the movement to get suppliers paid on time may become a struggle, mired as AP management is in the paper chase of manual effort. On top of that, the regulators are putting a heavier hand on tax compliance” and other daily minutiae of doing business. These are firms that have failed audits or are about to fail audits.

Auditing 51

Auditing Accounts Payable Currencies Accounting 51

PYMNTS

APRIL 10, 2019

Corporates’ biggest procure-to-pay challenges often center around the friction of streamlining data flows and the movement of money, from sourcing and purchase order submission to invoice payment and reconciliation. Yet, as supply chains expand across borders, a new burden has landed on procurement teams’ shoulders: compliance.

Compliance 55

Compliance Invoicing Auditing Accounts Payable 55

PYMNTS

DECEMBER 6, 2020

Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

Investments 60

Investments Healthcare Compliance Auditing 60

PYMNTS

NOVEMBER 10, 2017

Especially for businesses that rely on manual expense reports, management and auditing processes, an employee that fudges a dollar amount here and there, or a worker who accidentally submits an expense report twice, mean companies can easily fall victim to fraud, both intentional and unintentional.

Accounts Payable 44

Accounts Payable Auditing Invoicing Compliance 44

PYMNTS

SEPTEMBER 28, 2020

Smooth B2B operations depend on robust data gathering, but many companies rely on manual methods to collect information and complete supplier enrollment. Corporate buyers that fail to adhere to these regulatory requirements could face audits, fines and tax withholdings. Supplier enrollment portals could help.

Accounts Payable 66

Accounts Payable B2B Invoicing Auditing 66

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. See how nearly $174 million in funding for B2B startups landed in our roundup below. Veritas Finance. W2 is a U.K.-based Mission Secure.

B2B 75

B2B Startups Investments Compliance 75

PYMNTS

NOVEMBER 20, 2020

While expanding internationally is the easy part, the challenge often comes in the back-office financials like invoicing , cross-border payments, accounting and reconciliation. Come auditing and tax time, maintaining compliance with all of the varying local regulations across different geographies adds an extra layer of complexity.

Mergers and Acquisitions (M&A) 61

Mergers and Acquisitions (M&A) Foreign Exchange Reconciliations Currencies 61

PYMNTS

OCTOBER 18, 2019

Its supply chain provides brands and suppliers access to technology like inventory management, invoicing and financing tools. And it offers compliance services, auditing and predictive analytics to help firms quickly reply to trends. “We The startup says it has 800 employees and plans to grow its U.S.

Startups 40

Startups Auditing B2B Invoicing 40

PYMNTS

AUGUST 21, 2019

As he told PYMNTS, those steps include manual sorting of invoices, sales orders and supporting documents – and, more importantly, the manual entry of data from these documents. But they still need to be processed as a paper invoice.” But, as he noted, procure-to-pay processes involve manual labor across several steps.

Accounts Payable 46

Accounts Payable Invoicing Financial Systems Compliance 46

PYMNTS

MARCH 26, 2018

Complex tax law has been linked to the rise in eInvoicing in B2B commerce, according to Julie Park, managing director of VAT and customs duty at The VAT Consultancy. VAT regulations are behind the latest updates to procure-to-pay company Direct Commerce, which offers a range of services for B2B suppliers and buyers to facilitate business.

Accounts Payable 40

Accounts Payable B2B Invoicing Compliance 40

PYMNTS

JANUARY 17, 2018

Over the past few years, demand has increased for system integrators, ERP (enterprise resource planning) resellers, procure-to-pay implementers, business process outsourcing companies and banks to work together as their clients strive to enable complex capabilities like cross-border payments and invoice automation.

Accounts Payable 40

Accounts Payable Auditing B2B CFO 40

PYMNTS

JUNE 23, 2016

“The tools they have are to go tear up the floorboards and assess those organizations — to send out a team of people to do security audits, inspections, questionnaires. . “They don’t have the tools for risk-based pricing,” he said of cyberbreach insurance providers. 2013, resulting in $3.1 ”

Vendor Management 40

Vendor Management Auditing Securities Banking 40

PYMNTS

FEBRUARY 13, 2018

A chief financial officer and his or her team can not only spend hours managing B2B payment operations, but employees can also introduce risk into every step along the way. Software that manages invoices has existed for decades, but Tipalti takes an alternate approach: Its offering automatically processes the payments. “If Sub-Brands.

Accounts Payable 41

Accounts Payable Invoicing B2B Startups 41

PYMNTS

OCTOBER 22, 2019

Accounts payable technology company AvidXchange is targeting the healthcare industry with payments and invoicing offerings. The technologies can support the industry’s HIPAA compliance and other regulatory requirements with elevated financial reporting and auditing capabilities.

Healthcare 40

Healthcare Accounts Payable Invoicing Auditing 40

PYMNTS

FEBRUARY 22, 2017

Nearly 80 percent of businesses surveyed in that report said they have taken some type of measure to make up for the cost of compliance, with Basel III cited as having the greatest negative impact for businesses. And while virtual accounts can certainly aid in Basel III compliance, Morrissey noted that there are broader opportunities at play.

Accounting 54

Accounting Banking Cash Management Compliance 54

PYMNTS

AUGUST 30, 2017

Cross-border trade introduces a whole host of challenges for suppliers and corporate buyers, from logistics to risk to compliance. Compliance is an especially critical component of going global, Maley said. “As In fact, it’s often a necessity to stay competitive. Brexit is a prime example of this complexity. With the U.K.

Compliance 42

Compliance Auditing Transportation Invoicing 42